Member Info for Steve4077

>> I wonder if Lloyds view on this is typical of many potential investors and could explain why the sp is not higher?

I am sure Lloyd is very typical of private investors. I know I say it often, but most people don't bother with even basic research, such as reading past RNS and checking the latest company presentation.

>> I mean similar mining companies, have a look and you can see it is unrealistic to value this at 220m.

Could you suggest a 'similar mining company' for comparison? Which ones did you use?

>> lower

Could you share with us the calculation you did for the future value?

>> 95 percent of private investors loose there money gambling on AIM shares

95% of statistic are made up :)

Even so, I suspect a large proportion of private investors do not bother to do sufficient research - in which case they really are gambling. However, I suspect there is a strong correlation between those who conduct extensive research and those who make long-term profits.

Down on open but NT to buy :)

Apologies - we were starting to go off the rails :)

March seems to have sneaked up on us, so lets hope the next four weeks are transformational for KEFI.

I agree mid-March looks like a reasonable estimate for the next RNS.

>> Looks suspiciously like they are running out of shares and needed a tree shake

And now NT to buy! lol

Ask suddenly down as well without any pressure. Looks suspiciously like they are running out of shares and needed a tree shake. Last 30m will be interesting.

Yes, MMs seem to be all over the place. Dropped the bid with very little selling pressure, then back up, then back down again.

>> MM position has kicked in

Yes, the volume during the price increase period was MUCH higher. It's now moving down on very little volume, but that is good for the MMs as they hoover up the loose shares ready for the next leg up.

And a 5.70 trade for 20k shares just showed up - that is definitely not current :)

I think for the moment, we just have to be aware the share price is not reflecting what is happening in real time.

Dummy 1K buys and sells showed 6.01 to 6.14 when I posted. Bid now changed to 5.966. I am on II.

However, the trades going though at the time were below that range. I also noticed earlier that the ask kept moving up without any apparent buys, then 30m later there were trades showing up that reflected that progression in the ask.

There seems to be some sort of delay in the reporting of trades. Probably a technical issue and possibly only related to Quotestream, bit did seem odd.

There is something odd going on with the reported trades on Quotestream L2. Firstly, the trades going through don't reflect the real bid-ask (based on dummy trades). It's like they are from earlier in the day. Secondly, the volume (on a 15m candlestick chart with volume included) is being updated retrospectively, so noticeably higher volume is now showing earlier in the day.

Together, it means the current shares price is probably not reflecting the current trading activity. Anyone else seeing anything similar?

>> Its absolutely amazing market opened this so low! Just added 50k at 6.30p

I suspect a lot of people missed the RNS because it was after hours last night. I know I am guilty of checking the LSE RNS feed for the current day only. It may change through the day as the news becomes more widespread.

It may simply be that the earlier, very long RNS from BZT occupied most of CB's time today and he didn't start on the XTR RNS until late in the day.

>> I'm not liking this share reaction at all.

Volume is down on yesterday and the balance of buys and sells doesn't justify the drop. VWAP is still 5.94. This looks more like MMs moving the price than any significant negative sentiment.

>> If that is the timetable I'll eat H's panama.

Well, you had better get some sauce because that actually is the timetable :)

You probably should have said "If they meet the timetable..."

Red today but very odd share price movements. Volume fairly normal, buys outweigh sells and VWAP is 5.95, yet it keeps being taken down. Tree shake I assume.

>> He still needs to build a working mine and mine something: .....how long will that take?

Maybe if you actually did some research instead of the spending your time on the persistent, tedious de-ramping, you would know the answer to that question.